Việt Nam’s footwear industry is utilising the United Kingdom–Vietnam Free Trade Agreement (UKVFTA) to increase exports, according to the Việt Nam Leather, Footwear and Handbag Association (Lefaso).

Despite several challenges, including global economic volatility, market competition and geographical distance, both Vietnam and Peru have plenty of opportunity to increase their trade by leveraging incentives from free trade agreements and cooperation mechanisms.

At the end of October, the Vietnam-UAE Comprehensive Economic Partnership Agreement (CEPA) was signed, becoming the first free trade agreement that Vietnam has signed with an Arab country, an important premise for Vietnam to promote the export of key products to the United Arab Emirates (UAE), including key agricultural products such as seafood, rice, vegetables, coffee, pepper, etc.

As members of two free trade agreements (FTA), there remains ample room ahead for both Vietnam and Chile to increase the trade turnover, including footwear products, according to insiders.

Vietnam's logistics sector is rapidly specializing and becoming a vital service industry.

Australia and the United Arab Emirates (UAE) have signed a bilateral free trade agreement that will lay the groundwork for closer economic ties.

Cambodia’s national assembly last week approved the cancellation of the Agreement on Trade Promotion and Facilitation for the Cambodia-Laos-Vietnam Development Triangle Area (CLV-DTA).

Five WTO members - Argentina, Australia, Canada, Ukraine and the US - have alleged that India provides excessive market support to wheat and rice which distorts global trade. In a communication of the World Trade Organization (WTO), these countries claimed that India's apparent MPS (market price support) for rice appears to have been over 87 per cent of the value of production (VoP) in each of the two covered years (2021-23) for which India has notified data to the multi-lateral body.

The Hong Kong government is looking to finalise a free trade agreement with Peru, as Chief Executive John Lee heads to the South American nation to attend the Asia-Pacific Economic Cooperation (Apec) leaders’ meeting this week.

India and Asean are major demographies and their collaboration can be crucial in tackling contemporary issues, ensuring food and health security and addressing political challenges in the shared region like Myanmar, External Affairs Minister S Jaishankar said on Friday